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By dallasrealtor | February 3, 2009
We may not be sure where our stocks are headed, but we really can’t lose when it comes to purchasing Dallas real estate as an investment. While fluctuations from year to year are normal, real estate remains one of the best performing and consistent long-term investments. Median existing homes in the Dallas market have fluctuated little compared to other markets. Prices have come back down to year 2001 levels and it is a buyer’s market. There is certainly no guarantee as to how long the prices will stay down, so if you have contemplated purchasing a home before, now may be the time to buy.
The average Dallas home purchase a several years ago has appreciated substantially. Even with the decline in the median home price, this still equates to a large return on an investment for the average homeowner. The media continually reports vast market decline, and this is deceiving. Consumers will benefit from purchasing Dallas real estate now before prices begin to rise once again. So, for consumers looking for long-term and stable growth rates, real estate is still their number one choice.
Topics: Buying Tips | No Comments »
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Coleen Donovan - Keller Williams Realty - Dallas, Texas
Licensed REALTOR in the State of Texas
